I contracted to purchase an REO in December of 2010, skipping all the long and boring details, I finally just received word that the deal is accepted and I am now in escrow. I will not post any of the real numbers her...
Hi all,I am new to multi family investing, only having just recently went into a MFR deal with a business partner to make a very, very, measly positive cash flow per month on a duplex. With that being said, is anyone ...
So here is my $64,000 story:December 2013 my phone rang, it was a former co-worker who had fallen on hard times. He called me and asked, “are you still buying houses”? I told him yes I was, if the circumstances were r...
I invest in foreclosures in the Monterey Bay region. I have been doing this for 2 years and have had 7 profitable deals.
This is a short tutorial of the process. By the end of this post you'll have...
Hey All --After many months of work, the New BiggerPockets is now here!If you're on the old site, click the link at the top orange bar and you can start using it today or go to http://beta.biggerpockets.comWe've got a...
I’m very curious why investors prefer to work with wholesalers vs brokers/real estate agents. Especially if the wholesaler work with agents and have to split commission cost plus pay the wholesaler. Right now many dea...
Seems like wholesalers are pretty much unlicensed brokers. Whats the difference? A broker is the middleman, is that not what a wholesaler is?
Sorry folks just need to vent.I’ve had a heck of a time finding good deals in Albuquerque. I have networked and established good relationships with 2 realtors that work with investors and a broker.After a couple month...
Hello BP,
This is a hit to my pride to post, but I need advice. I completed my first rehab to rent in July of last year. It is a quadplex and all units were rented until recently. I just had my first eviction and,...
Hi, my name is Michael and I'm new here. :)A little background.I am what I call an accidental investor. Basically, I bought a condo in San Mateo but I had to move out of the area for work during the housing crash. I c...